About Realty Income (NYSE:O)

Realty Income, The Monthly Dividend Company®, is an S&P 500 company dedicated to providing shareholders with dependable monthly income. The company is structured as a REIT, and its monthly dividends are supported by the cash flow from over 5,000 real estate properties owned under long-term lease agreements with regional and national commercial tenants. To date, the company has declared 572 consecutive common stock monthly dividends throughout its 49-year operating history and increased the dividend 95 times since Realty Income's public listing in 1994 (NYSE: O). The company has in-house acquisition, portfolio management, asset management, credit research, real estate research, legal, finance and accounting, information technology, and capital markets capabilities. Additional information about the company can be obtained from the corporate website at www.realtyincome.com.

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Miscellaneous

Realty Income (NYSE:O) Frequently Asked Questions

What is Realty Income's stock symbol?

Realty Income trades on the New York Stock Exchange (NYSE) under the ticker symbol "O."

How often does Realty Income pay dividends? What is the dividend yield for Realty Income?

Realty Income announced a apr 18 dividend on Tuesday, March 13th. Stockholders of record on Monday, April 2nd will be paid a dividend of $0.2195 per share on Friday, April 13th. This represents a dividend yield of 5.15%. The ex-dividend date is Thursday, March 29th. This is a positive change from Realty Income's previous apr 18 dividend of $0.22. View Realty Income's Dividend History.

How were Realty Income's earnings last quarter?

Realty Income Co. (NYSE:O) posted its quarterly earnings data on Wednesday, February, 21st. The real estate investment trust reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.44. The real estate investment trust had revenue of $298.90 million for the quarter, compared to analysts' expectations of $301.53 million. Realty Income had a return on equity of 5.11% and a net margin of 26.22%. Realty Income's quarterly revenue was up 8.6% compared to the same quarter last year. During the same quarter last year, the firm posted $0.33 earnings per share. View Realty Income's Earnings History.

When will Realty Income make its next earnings announcement?

What guidance has Realty Income issued on next quarter's earnings?

Realty Income updated its FY18 earnings guidance on Wednesday, February, 21st. The company provided EPS guidance of $3.14-$3.20 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.17.

Where is Realty Income's stock going? Where will Realty Income's stock price be in 2018?

10 brokerages have issued 1-year price targets for Realty Income's stock. Their predictions range from $53.00 to $95.00. On average, they anticipate Realty Income's stock price to reach $63.50 in the next twelve months. View Analyst Ratings for Realty Income.

What are Wall Street analysts saying about Realty Income stock?

Here are some recent quotes from research analysts about Realty Income stock:

1. Ladenburg Thalmann Financial Services analysts commented, "We attribute this to a number of different factors including: 1.) the recent surge in the 10-year U.S. Treasury yield; 2.) continued concerns over the U.S. being over-retailed; 3.) Amazon’s (AMZN-$1,110.85; Not Rated) potential entrance into the pharmacy space, which represents 10.8% of O’s rents; and 4.) slower than expected acquisition volume. That said, the bulk of O’s underperformance vs. the RMS this year has come in the last ~35 trading days as the 10-year U.S. Treasury yield has spiked nearly 40bps trough-to-peak." (10/26/2017)

2. FBR & Co analysts commented, "After a relatively quiet few months of retail headlines, Realty Income put up another steady quarter of results. The company reported 3Q17 FFO in line with the Street, but beat by a penny on AFFO of $0.77. The company also raised $444 million of common equity through ATM sales, solidifying much of its equity financing needs for the rest of the year to hit its $1.5 billion acquisitions guidance, which it reiterated. Acquisitions were seasonally light this quarter as expected at $265 million, which sets the company up for a big 4Q of acquisitions (we think they hit their guide). 100% of acquisitions this quarter were retail at a 7% cap rate, one of the highest in recent memory (half of the acquisitions volume was theatres which carry higher cap rates). On the asset management side, the company increased its FY17 disposition guidance for what we assume to be more opportunistic dispositions late in the year. The company re-leased 79 properties at a recapture rate of nearly 104%, the fifth consecutive quarter over 100%, while portfolio WALT remained at 9.6 years." (10/26/2017)

3. According to Zacks Investment Research, "Shares of Realty Income have underperformed the industry it belongs to over the past three months. The stock has seen the Zacks Consensus Estimate for third-quarter and current-year funds from operations (FFO) per share remaining unchanged in a month’s time. Although, this freestanding retail REIT derives retail rental revenue from a diverse tenant base belonging to service, non-discretionary and low-price retail business, its drug store tenants account for a significant portion of rental revenues. This makes the company susceptible to any adversity in this industry. Moreover, its substantial exposure to single tenant assets raises risks associated with tenant default and fall in value of property. Rate hike increase its woes." (10/25/2017)

Has Realty Income been receiving favorable news coverage?

News articles about O stock have trended somewhat positive this week, Accern reports. Accern scores the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Realty Income earned a media sentiment score of 0.12 on Accern's scale. They also assigned news articles about the real estate investment trust an impact score of 49.22 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Which institutional investors are selling Realty Income stock?

O stock was sold by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Bank of New York Mellon Corp, Macquarie Group Ltd., Metropolitan Life Insurance Co. NY, Driehaus Capital Management LLC, PGGM Investments, The Manufacturers Life Insurance Company and Teachers Advisors LLC. Company insiders that have sold Realty Income company stock in the last year include Benjamin N Fox, Gregory Mclaughlin, Joel Tomlinson, John Case, Michael R Pfeiffer, Paul M Meurer, Priya Cherian Huskins, Robert Israel and Sumit Roy. View Insider Buying and Selling for Realty Income.

How do I buy shares of Realty Income?

Shares of O can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Realty Income's stock price today?

One share of O stock can currently be purchased for approximately $51.23.

How big of a company is Realty Income?

Realty Income has a market capitalization of $14.63 billion and generates $1.22 billion in revenue each year. The real estate investment trust earns $318.79 million in net income (profit) each year or $1.11 on an earnings per share basis. Realty Income employs 152 workers across the globe.

MarketBeat Community Rating for Realty Income (O)

MarketBeat's community ratings are surveys of what our community members think about Realty Income and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Realty Income (NYSE:O) Analysts' Consensus Rating

MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.

MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.